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Jan 17, 2013
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gerri: the debt ceiling deal and senator mike leigh. with more on this, we have former republican senator of wyoming, former cochair f the definition. thank you for being on thh bus, we appreciate your time we are glad to have you any way we can get you. >> there are a lot of people that would like to give me. [laughter] gerri: you are always a hoot. let's talk about the debt ceiling debate. we are all focused on this week and the president has been talking about it. what is your view on whether spending cuts should be part of the debt ceiling debate? i think that would be a serious mistake. i'm a republican, i have been so since i voted for ike in 1962 and let me tell you ie mistake. you are not talking about one thing that has to do with cutting spending. you're talking about everything and he paying your debts of the guys in the congress talk about an republican republicans drama. and every one of them has something to do with wanting ... and now you have to pay it. and you better pay and where your country is clearly facing a dire c
gerri: the debt ceiling deal and senator mike leigh. with more on this, we have former republican senator of wyoming, former cochair f the definition. thank you for being on thh bus, we appreciate your time we are glad to have you any way we can get you. >> there are a lot of people that would like to give me. [laughter] gerri: you are always a hoot. let's talk about the debt ceiling debate. we are all focused on this week and the president has been talking about it. what is your view on...
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Jan 18, 2013
01/13
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you will have the debt ceiling potential deal. liz: hence worries will cause volume at this time to go higher. >> sequester and continuing resolution. you have all this political risk. if you think about the last two, three years, liz, the bottom line, people outperformed, people that generated alpha, bought during periods of political fear. the people that added to the market, added to their exposure to the market during times of complacency typically underperformed. you want to save that powder for those political fear moments. david: save your cash until the debt ceiling thing collapses. maybe three months. want to focus on europe. spain and italy have $2.6 trillion worth of bonds outstanding. 2.6 trillion. they have got to borrow more, about 150 billion, in order to pay off old debts with old bonds. how will they do it. what happens if there is no buyers? >> look at spain. look at lehman. there is so many great comparisons because, --. david: that is not a good thing for spain. >> well, you look back to 2008. the fed bailed ou
you will have the debt ceiling potential deal. liz: hence worries will cause volume at this time to go higher. >> sequester and continuing resolution. you have all this political risk. if you think about the last two, three years, liz, the bottom line, people outperformed, people that generated alpha, bought during periods of political fear. the people that added to the market, added to their exposure to the market during times of complacency typically underperformed. you want to save...
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Jan 16, 2013
01/13
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debt ceiling, this is what the beige book is telling us, bill, the run-up is a big deal and the whole question. i'm not saying it's -- it's very important to solve these issues, but i think what the market wants, what investors want and probably what the american public wants is an understanding of the process of how we make a decision. i really think at this time our democracy and how we make decisions is entirely up in the air and unclear to most people. if business understood how we got to go, then i think there would be more clarity out there. you could operate a business. >> you know, steve, i have a question to you. i know it's basically fed policy under ben, under chairman greenspan not to wade into the actual mode to solve these issues, but isn't it a bit disingenuous of the fed to talk about all this uncertainty without making any comments as to hey, you guys, you need to deal with the debt. you need to deal -- >> but, they are. bernanke makes that comment a lot. he has said. >> says it all the time. >> more a solution. like telling them how to go about it. >> that's the prob
debt ceiling, this is what the beige book is telling us, bill, the run-up is a big deal and the whole question. i'm not saying it's -- it's very important to solve these issues, but i think what the market wants, what investors want and probably what the american public wants is an understanding of the process of how we make a decision. i really think at this time our democracy and how we make decisions is entirely up in the air and unclear to most people. if business understood how we got to...
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Jan 17, 2013
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how would it be impact full on people's portfolios if there is not a debt ceiling bill? >> i think what is going to happen is that i think investors are actually being very pragmatic about how they are addressing the issues in washington. investors are incredibly adaptive creatures. so what you're seeing is investors right now, okay. rather than looking for the big deal, let's clear these turtles. liz: come home like they're missing the rally. >> but they are starting to see levels of engagement. the notion that everyone is on the sidelines is misplaced. plenty of cash, zero people are selectively engaging. we are trying to get people to engage in a thoughtful way in areas where we think the risk/reward clearly favors you. liz: the people feel that 40 percent of significantly better than one year ago. 56 percent get about their financial situation. inching higher. they are not doing much with it to make the money to capitalize. if you were to advise people watching right now about the fear that drenches them at night or is that they will get bank again $ 2009 to march a
how would it be impact full on people's portfolios if there is not a debt ceiling bill? >> i think what is going to happen is that i think investors are actually being very pragmatic about how they are addressing the issues in washington. investors are incredibly adaptive creatures. so what you're seeing is investors right now, okay. rather than looking for the big deal, let's clear these turtles. liz: come home like they're missing the rally. >> but they are starting to see levels...
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Jan 15, 2013
01/13
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ahead of the debt ceiling debate alan simpson will join me. we'll get his take on that and a lot more. stay with us. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. . >>> welcome back. okay. some painful news for drug-maker johnson & johnson. cvs says it will not carry its tylenol products in its stores after years of disruption. pfizer is the news
ahead of the debt ceiling debate alan simpson will join me. we'll get his take on that and a lot more. stay with us. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business...
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Jan 18, 2013
01/13
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might vote next week to raise the debt ceiling for even three months. there is a very muted reaction and what to watch here are how people are buying etfs. this is the s&p 500. you can buy it in a single stock and you might say, oh, gee, there is a move there to the far right on the upside when the announcement came. but it is a very, very narrow amplitude. very narrow range of trading. that's about three points on the s&p 500. the volume did pick up and we will have volume towards the heavy side today. if you think that is good news pushing the debt ceiling out for stocks and i think generally would you look at it as good news, it certainly is fairly muted here. as for the major indices for the week, what simon was just talking about, there are deeper cyclical changes. big industrial names have been generally outperforming and that is very good news, if you think the global economy, those stocks would more closer would the global economy. >> you get this, this real tight hugging of the flat line friday. monday, tuesday, wednesday and then again today.
might vote next week to raise the debt ceiling for even three months. there is a very muted reaction and what to watch here are how people are buying etfs. this is the s&p 500. you can buy it in a single stock and you might say, oh, gee, there is a move there to the far right on the upside when the announcement came. but it is a very, very narrow amplitude. very narrow range of trading. that's about three points on the s&p 500. the volume did pick up and we will have volume towards the...
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Jan 17, 2013
01/13
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there is the debt ceiling to have to deal with, there is government spending that expires in march and those automatic spending cuts, sequestration is supposed to hit the federal budget. and right now it appears a strategy that republicans are beginning to coalesce around, perhaps a short-term debt ceiling increase, pass that through the house with spending cuts, deal with the other elements of government spending and then set up a protracted argument or debate over the debt ceiling going forward. as republicans say, when it comes to their strategy, cutting spending is imperative. melissa: there's no celebration the fact we're a nation of $16 trillion in debt and you have someone in the white house that says to do the one thing that makes absolutely no sense whatsoever, and that is raise the debt ceiling with no change in the future? that is actually an absurd argument i don't think any householder in a state run well operates like that. >> house budget committee chairman spoke to reporters a short while ago saying this to work in the strategies on all this trying to identify the spend
there is the debt ceiling to have to deal with, there is government spending that expires in march and those automatic spending cuts, sequestration is supposed to hit the federal budget. and right now it appears a strategy that republicans are beginning to coalesce around, perhaps a short-term debt ceiling increase, pass that through the house with spending cuts, deal with the other elements of government spending and then set up a protracted argument or debate over the debt ceiling going...
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Jan 15, 2013
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i understand that you don't want to use the debt ceiling debate as -- as any leverage, you know. this is important. this is important for the u.s. as well as the world, so you don't want to use it as leverage, but why is it that it's always about taking off the gloves and fighting over it rather than coming up with real spending cut ideas? we still have not seen spending cut ideas to what we have, the 16.4 trillion or even, you know, projected spending, so where are the spending cut ideas, and when is that going to happen if you don't use some of these opportunities to actually get spending cuts on the table? >> well, the fortunate part is you follow this stuff, and if they would quit using the word cut. not cutting anything. can't believe when you say change the cost of living allowance to the changed cpi and save 108 billion in ten years or cutting, you know, balancing the budget on the backs of poor old seniors. when they wander up to the window in 2031 they are going to get a check for 25% less. what's smart about that? mean, let's just get real. they won't get real because t
i understand that you don't want to use the debt ceiling debate as -- as any leverage, you know. this is important. this is important for the u.s. as well as the world, so you don't want to use it as leverage, but why is it that it's always about taking off the gloves and fighting over it rather than coming up with real spending cut ideas? we still have not seen spending cut ideas to what we have, the 16.4 trillion or even, you know, projected spending, so where are the spending cut ideas, and...
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Jan 16, 2013
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really is story is about growth just like with our debt ceiling. it's not about how you go about the messiness to fix it. it really should be about the debt ceiling itself. i'm sure the germans are particular. they had a good 2012. i expect these numbers to go up a bit. i look at german manufacturers like mercedes benz, vovolkswage. japanese exporters like nissan, toyota. i think the battlefield first and foremost is going to be on the war side on the export side. remember, japan achbd germany, the percentive of their exporting that figures into their total economy is so much larger, for example, than the u.s. our numbers are reasonable and our growth is substantial. we went from 1 trillion to basically 1.5 trillion. the point is they are great trades out there. the traders op these floor now have more spread on currency cross charts in their folios to get ready to strat jaegize. there's a lot of hedging. this is something to watch. when the 2012 figures come out we are going to look at them apd we're going to try to gauge exactly how much of a for
really is story is about growth just like with our debt ceiling. it's not about how you go about the messiness to fix it. it really should be about the debt ceiling itself. i'm sure the germans are particular. they had a good 2012. i expect these numbers to go up a bit. i look at german manufacturers like mercedes benz, vovolkswage. japanese exporters like nissan, toyota. i think the battlefield first and foremost is going to be on the war side on the export side. remember, japan achbd germany,...
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Jan 16, 2013
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ceiling to deficit reduction deals. it serves as reminder how much the government has borrowed. senate minority leader mitch mcconnell writes, over the past three decades in fact u.s. presidents and lawmakers from both parties routinely used the debt limit debate to reform government spending. washington democrats under pressure from their favored interest groups continue to adhere to an outdated ideology that says every penny of revenue washington ever got its hands on is sacrosanct. house republicans are enroute to williamsburg, virginia for their retreat. they will consider the options for the upcoming debt ceiling fight. short term increase with modest spending cuts to a 4-year increase including overhaul of the tax code and entitlement programs. back to you. tracy: sound ambitious. rich edson, glad you could stick around and talk to us. we're 29 days away from the debt ceiling d-day. ashley: we are. tracy: will be valentine's day actually. ashley: not pretty though. as you just said, tracy, less than a month away f
ceiling to deficit reduction deals. it serves as reminder how much the government has borrowed. senate minority leader mitch mcconnell writes, over the past three decades in fact u.s. presidents and lawmakers from both parties routinely used the debt limit debate to reform government spending. washington democrats under pressure from their favored interest groups continue to adhere to an outdated ideology that says every penny of revenue washington ever got its hands on is sacrosanct. house...
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Jan 14, 2013
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. >> the debt ceiling is still around. >> easily, though. >> the debt ceiling is still around. you are still dealing with that and, of course, the sequester issue. there are a lot of questions about what happens. we're speccing to run into that debt ceiling sometime between february 15th and march 1st. in the meantime, let's talk about corporate news. aig is suiciding maiden lane over lawsuit rights. it's the federal vehicle created during aig's bailout. at issue is whether the insurer transferred its rights to sue for losses that it incurred on its troubled bonds when it sold $2 billion in securities to the fed in 20308. aig is preserving its right to sue the federal government and other debts. >> fed chairman ben bernanke is going to speak and answer questions at the university of michigan. in d.c., president obama is said to be forging ahead on a wide ranging plan to overhaul the immigration plan this year. this includes a path to citizenship for illegal immigrants already in the country. immigrants would have to pay fines and back taxes. it would require businesses to veri
. >> the debt ceiling is still around. >> easily, though. >> the debt ceiling is still around. you are still dealing with that and, of course, the sequester issue. there are a lot of questions about what happens. we're speccing to run into that debt ceiling sometime between february 15th and march 1st. in the meantime, let's talk about corporate news. aig is suiciding maiden lane over lawsuit rights. it's the federal vehicle created during aig's bailout. at issue is whether...
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Jan 16, 2013
01/13
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so why strike a deal on the debt ceiling when you can just eliminate it? they push from democrats in washington. dennis: a man charged with stealing $400,000 in copy toner. lori and tracy are up next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems
so why strike a deal on the debt ceiling when you can just eliminate it? they push from democrats in washington. dennis: a man charged with stealing $400,000 in copy toner. lori and tracy are up next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,...
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Jan 16, 2013
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ceiling to a deal on spending cuts. >> in the end, it's a threat they can't sustain. no one is going to default. no one is going to allow united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side. i don't think we should pick fights where we're in a position that we can't, in fact, in the end enforce our will. because we have no evidence of president obama's going to compromise. i think the president is deliberately seeking confrontation. he's going out of his way to bully the house republicans. >> and allen simpson, the co-founder of the campaign to fix the debt, also warning against bargaining over the debt ceiling. >> do you believe the gop should be using the debt ceiling as a leverage point to get the president to agree to the cuts? >> i think that would be a grave mistake. i don't think that would solve anything. i know they're going to try it. how far we'll go, i have no idea. if you're a real conservative, really honest conservative without hypocrisy, you want to pay your
ceiling to a deal on spending cuts. >> in the end, it's a threat they can't sustain. no one is going to default. no one is going to allow united states to not pay its bills. no one is going to accept the economic costs. it rallies the entire business community to the president's side. i don't think we should pick fights where we're in a position that we can't, in fact, in the end enforce our will. because we have no evidence of president obama's going to compromise. i think the president...
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Jan 16, 2013
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that we did, were those occurring at the same time as debt ceiling raises? >> they all do. >> we've heard that that -- i'm not going to accept that, not going to do it, not the way it's done. we're not a banana republic. how many can you recall, deficit deals were affected? it's something that's done, is it not? >> standard operating procedure. we all learned about the power of the purse of democracy. back then, it used to be taxes because they couldn't borrow. now, you can borrow. taxes aren't the only strains what government can spend. the parliament and congress has to be able to control the borrowing level. that's government 101. >> is zit in g-- dis in geingeny we've already been to the restaurant and trying to stiff the bill? it wasn't the $800 stimulus or any of the things the president's done, it's congress? >> first, you're raising debt limits to cover future spending. fact one is the money hasn't been spent yet. that's not true. >> it's sort of disassembling. >> that's a good word for it. the second fact is congress hasn't approved the money. no co
that we did, were those occurring at the same time as debt ceiling raises? >> they all do. >> we've heard that that -- i'm not going to accept that, not going to do it, not the way it's done. we're not a banana republic. how many can you recall, deficit deals were affected? it's something that's done, is it not? >> standard operating procedure. we all learned about the power of the purse of democracy. back then, it used to be taxes because they couldn't borrow. now, you can...
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Jan 15, 2013
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there's been three or four deficit deals reached during debt ceiling negotiations. that's what they've been used for in the past. in fact, you voted no on raising the debt ceiling in 2006, and some other things. and then to see him actually, he looked shocked that his loyal cadre of acolytes that someone would actually broach the subject that, you know, that he actually had a tough time answering. >> i think it shows the position he's in, though. he gets attacked from the right and the left. >> he doesn't get attack. the questions i want asked are never asked of him anywhere. >> he should come on "squawk." >> that's not going to happen. >> i'll get out. is that possible? >> no. >> i had a story but we'll talk about that one later. >> what's your story? >> we'll do it later in the broadcast. >> about nerds? >> what else would it be about? you want me to talk to here? i'm going to talk to here. coming up this morning's top stories, plus we're going to hop behind the wheel with nissan ceo carlos ghosn at the detroit auto show. first check this out, double the guest hos
there's been three or four deficit deals reached during debt ceiling negotiations. that's what they've been used for in the past. in fact, you voted no on raising the debt ceiling in 2006, and some other things. and then to see him actually, he looked shocked that his loyal cadre of acolytes that someone would actually broach the subject that, you know, that he actually had a tough time answering. >> i think it shows the position he's in, though. he gets attacked from the right and the...
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Jan 18, 2013
01/13
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they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans are making it an "economic weapon of mass distraction." do they get is a continuation of that? >> it is actually progress for the republican confidence, but it is not progress for the country. that tack tick is not one that they can hold onto because they know it will plunge this country into a deeper recession. they have been -- it is a way to say they are avoiding. ashley: it really is not addressing the issue, though, what will it take to get that in place. i know that you, of course, have been leading the charge to have the president to prevent the country from defaulting.
they would focus on a longer-term debt ceiling increase sometime in april or may. that is the strategy from house republicans. president obama says he has not even entertained any type of negotiations. republicans should agree to raise the debt ceiling because having to raise it is the result of appropriations already passed and signed into law. back to you. melissa: thanks so much. ashley: here with reaction to the gop when it peter welch. thank you for joining us. you say, look, republicans...
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Jan 16, 2013
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so they ended up coming up with a deal. you get some sense from these interviews about the tough decisions and the factors that go into the decision making that has taken place over the last four years. >> peter baker, thanks very much, for coming on. we appreciate it. your piece is in this sunday's "new york times'" magazine. joe conason, stick around. that's your punishment, you have to stay here with donny and i. more trouble in the skies for boeing's dream larlinerdreamlin. business before the bell with cnbc's brian shactman. weight watchers online worked for us. we don't argue much. we really don't. meg usually just gets her way, and i go along with it. i think it worked for matt because i did it for him. when i'm the one cooking, i'm the one calculating the points. i can microwave things. you get to eat real food. we still get to go out. we're just so much smarter about it. we can keep each other in check. going, "okay, i see you." we've lost about 110 pounds together. it helped our love life. happy wife, happy life,
so they ended up coming up with a deal. you get some sense from these interviews about the tough decisions and the factors that go into the decision making that has taken place over the last four years. >> peter baker, thanks very much, for coming on. we appreciate it. your piece is in this sunday's "new york times'" magazine. joe conason, stick around. that's your punishment, you have to stay here with donny and i. more trouble in the skies for boeing's dream larlinerdreamlin....
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Jan 14, 2013
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you pay your debts first and then you deal with other spending. the president's tried to turn that upside down by saying he would cancel the debt. he can't do it. he won't do it. he's lying when he says that's what he will do. i think we have a conversation over the next two months reminding the american people that we will pay our debts but we won't pay obama's crazy overspending. >> the people are in charge. whether it's jack lew or tim geithner if you remember what happened at the end of 2011, it was an issue where you're going to be watching on tv that the soldiers that protect our freedom, are they going to get their check? soldiers that came back wounded from the first gulf war, are they going to get their check? that is going to be the issue on the front page, grover, is it not? >> and august of 2011 we had all the same screaming. i did all the television shows where people said taxpayers are causing the problems. i said the president is. we won, he lost. we got the spending cuts which he's trying to fight still but he got his debt ceiling
you pay your debts first and then you deal with other spending. the president's tried to turn that upside down by saying he would cancel the debt. he can't do it. he won't do it. he's lying when he says that's what he will do. i think we have a conversation over the next two months reminding the american people that we will pay our debts but we won't pay obama's crazy overspending. >> the people are in charge. whether it's jack lew or tim geithner if you remember what happened at the end...
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Jan 14, 2013
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we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman with a look at some of the other stories ahead this morning. >>> we'll be talking about the golden globes. ben affleck didn't get nominated for an oscar, but his surprise win at the globes may be vindication. we'll have that, the other surprises, and the big snubs in a live report. >>> he's known for his role on "breaking bad," but actor steven michael casada has a new role to play, local school board member. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can tra
we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman...
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Jan 19, 2013
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. >>> house republicans are offering a debt ceiling deal rather than risk a new financial crisis. they will allow new government borrowing for three months, but they insist the senate must pass a budget within those three months. and to add more pressure to get a deal, they promise to withhold paychecks for whichever chamber, house or senate, doesn't pass a budget. >>> officials have issued a high surf advisory for the northern california coast this weekend. the good news -- that's just about perfect for 24 of the world's top surfers who are waxing down their boards for a big wave competition in half moon bay that starts on sunday. the bad news -- the other seven billion people in the world can't swim there. >>> that is the news. guys? back to you guys. >> thank you. >> you're from that area, aren't you -- >> yeah, yeah, no. i wouldn't ever surf. >> you're in the seven billion part. >> we'll be on the beach. >> yeah. >> i used to sit on half moon bay and watch it. exactly. >>> dylan dreyer has another check of the forecast. >> good morning, guys. a couple of birthdays from texas.
. >>> house republicans are offering a debt ceiling deal rather than risk a new financial crisis. they will allow new government borrowing for three months, but they insist the senate must pass a budget within those three months. and to add more pressure to get a deal, they promise to withhold paychecks for whichever chamber, house or senate, doesn't pass a budget. >>> officials have issued a high surf advisory for the northern california coast this weekend. the good news --...
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also congress has got to deal with the debt ceiling. we're hitting it yet again. sometime in mid-february, authorities believe. and this time it looks like republicans will be pushing for cuts and social will be on the table. finally, you mentioned vice president biden meeting today with cabinet members to finalize recommendations on guns including pushing for an assault weapons ban, but also what he said is a comprehensive approach to gun control. the nra and others don't believe in assault weapons ban can pass in congress. we'll get his recommendations tomorrow. >> thank you. >>> colin powell is speaking out on nbc's "meet the press" he endorsed chuck hagel to be the new defense secretary. he said hagel would do a great job at the pentagon. powell also fired harsh words at his own republican party. >> there's also a dark -- a dark vain of intolerance in some parts of the party. what do i mean by that? what i mean by that they still sort of look down on minorities. how can i evidence that? when i see a former governor say that the president is shucking and jiving
also congress has got to deal with the debt ceiling. we're hitting it yet again. sometime in mid-february, authorities believe. and this time it looks like republicans will be pushing for cuts and social will be on the table. finally, you mentioned vice president biden meeting today with cabinet members to finalize recommendations on guns including pushing for an assault weapons ban, but also what he said is a comprehensive approach to gun control. the nra and others don't believe in assault...
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Jan 21, 2013
01/13
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WBAL
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. >> as he battled republicans over the debt ceiling. >> dealing with the white house is like dealing with a bowl of jell-o. >> can they say yes to anything? >> historic night in may brought the news that americans had been waiting nearly a decade to hear. >> tonight i can report to the american people and to the world that the united states has conducted an operation that killed osama bin laden. >> within a year he was back on the campaign trail. but on the anniversary of 9/11, a deadly terror attack in benghazi. >> make no mistake, justice will be done. >> after a long, tough campaign, americans died to give the president four more years. >> thank you, america! >> the thrill of victory cut short by searing tragedy, the day obama called the worst of his presidency. >> our hearts are broken today. these tragedies must end. >> now at the dawn of his second term, president obama has vowed to tackle the tough issues. >> there are no easy outs. >> despite the challenges that lie ahead. >> we know in our hearts that for the united states of america, the best is yet to com come. >> a long f
. >> as he battled republicans over the debt ceiling. >> dealing with the white house is like dealing with a bowl of jell-o. >> can they say yes to anything? >> historic night in may brought the news that americans had been waiting nearly a decade to hear. >> tonight i can report to the american people and to the world that the united states has conducted an operation that killed osama bin laden. >> within a year he was back on the campaign trail. but on the...
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Jan 15, 2013
01/13
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CNBC
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. >> or maybe the debt ceiling kills the dell deal. marty, last word, do you think it will happen? >> it looks like a stretch. it's a big deal. you would have to have several lbl firms involved in it. they have to raise a lot of debt. it's a stretch. >> marty of fridson vision, thank you. it's a stretch, he says. >> and the fundamentals don't go away, either. >>> still to come, the new corvette scores a win for general motors. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> welcome back to "worldwide exchange." if you're just joining us, i'm kelly evans. >> and i'm ross westgate. >> urging action, obama, bernanke and geithner all say congress must raise the u.s. debt ceiling or cause irreparable harm to the economy. fitch joins in and saying any delay will cause a formal review. >>> dell eye tess private life. reports say the pcmaker has been in talkses with several private equity firms in recent months about a possible buyout. >>. >> announcer: you're watching "worldwide exc
. >> or maybe the debt ceiling kills the dell deal. marty, last word, do you think it will happen? >> it looks like a stretch. it's a big deal. you would have to have several lbl firms involved in it. they have to raise a lot of debt. it's a stretch. >> marty of fridson vision, thank you. it's a stretch, he says. >> and the fundamentals don't go away, either. >>> still to come, the new corvette scores a win for general motors. ♪ [ male announcer ] some day,...
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Jan 20, 2013
01/13
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KGO
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he still faces an unresolved fiscal situation and looks like republicans may be extending the debt ceiling by a few months but still has major budget cuts to deal with this spring. do you see his relationship with republicans improving at all as they try to fix this crisis? >> it is going to be a real confrontation, the republicans did blink. that's exactly right, bianna and said they don't want this over the debt limit that was supposed to hit in february and extend it, as he said, probably until april. the president will sign that which gives them a space to try to come up again with some kind of big budget deal before those across the board budget cuts hit in march and the government is set to shut down at the end of march. there is no question that these big fiscal issues, taxes and spending will define the first quarter of the president's second term. >> george, talk about this term, the second term curse. we -- reagan had iran-contra, nixon had watergate. clinton had monica lewinsky. why is it that they tend to go sour. >> lyndon jonls had to resign before he ran because of vietnam.
he still faces an unresolved fiscal situation and looks like republicans may be extending the debt ceiling by a few months but still has major budget cuts to deal with this spring. do you see his relationship with republicans improving at all as they try to fix this crisis? >> it is going to be a real confrontation, the republicans did blink. that's exactly right, bianna and said they don't want this over the debt limit that was supposed to hit in february and extend it, as he said,...
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Jan 21, 2013
01/13
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KTVU
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we know we will deal with this year. debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard. they compete hard for their agendas and it is not going to be an easy year. a second term is difficult one. the first year of four is really the best, some say only opportunity to pass legislation effectively. after the second year of a second term, on comes the midterm, 2014 will be a very, very important time which will determine by who is ted anated aho wi, what the republican and democratic presidential candidates look like in the back of president obama's second term and who his successor will be. something that has not happened in many years, not at all inconceivable. everyone rec
we know we will deal with this year. debt ceiling, entitlement reform, et cetera, et cetera. right and left, republicans and democrats are diametrically opposed with their orthodoxy. democrats more moderate with republicans on certain things. republicans are more send activity that work with democrats. in the wake of the 2012 election as we look forward what is happening with the president's second term there are historical realities. the country is system of two parties and they compete hard....
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Jan 21, 2013
01/13
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CNBC
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we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in the private sector, which needs to be fluffed off. there's a deraef raejing that you've been seeing right across the western world is still going to go on, i think, for the best part of this decade. >> and we heard leading up to this election that rarely has a u.s. president been elected with such high levels of unemployment. what was different this time? >> oh, i think it had something to do with the candidate he was facing not being able to energize the public. but i also think, look, reflation? the public loves that, right? free money. >> but do th
we've gone over the cliff, now we have the debt ceiling. but, you know, even if they get over those two short-term problems, you still have got the problem of a massive deficit, which is going to have to be reigned in. at some point, you're going to get a fiscal squeeze in america and that is going to put a break on what is not very far from economic growth. i think you'll have that which is always something that is going to be there in the background. you have a lot of debt, as well, still in...
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Jan 14, 2013
01/13
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CSPAN
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binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton all signed debt reduction deals. you have done this three times. four times was related to budget maneuvers. what many people are curious about is this new madam a desire on your part not to negotiate but that seems to conflict with the modern era of presidents with the debt ceiling and your own history. does that suggest we will go into a default situation because no one is talking about how to resolve this? >> no, major. getting votes for this is always difficult. i went through this and just last year. what is different as we never saw a situation as we saw last year in which certain groups in congress took such an absolutist position that we begin within a few days of defaulting. the fact of the matter is that we have never seen the debt ceiling used in this fashion with the notion is that we might default unless we get 100% of what we want. that has not happened. as i indicated befo
binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton all signed debt reduction deals. you have done this three times. four times was related to budget maneuvers. what many people are curious about is this new madam a desire on your part not to negotiate but that seems to conflict with the modern era of presidents with the debt ceiling and your own history. does that suggest we will go...
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Jan 21, 2013
01/13
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FOXNEWS
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. >> gretchen: then if members of congress can't agree on a deal to raise the debt ceiling, should we withhold their paychecks? interesting thought. right back in america tay we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. ♪ savor and explore, a the great indoors ♪ ♪ ♪ friskies indoor delights. ♪ feed the senses. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there'
. >> gretchen: then if members of congress can't agree on a deal to raise the debt ceiling, should we withhold their paychecks? interesting thought. right back in america tay we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help...
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Jan 18, 2013
01/13
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CSPAN
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with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have unanimity in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something. we have to act. and i hope we all agree, there is a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in newtown 34 days ago cannot be continued to be tolerated. that tragedy has affected the public psyche in a way i have never seen before. the image of first graders, not only shot, but rid
with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that...
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Jan 16, 2013
01/13
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FOXNEWSW
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president, what's the deal with the debt? i've been hearing a lot about the debt ceiling. what's my family's share? i'm just a kid. when i'm a grownup, i understand it could be hundreds of thousands of dollars. could you guys please cut spending now? >> brian: if you want to know if that is going to happen today, see if rand paul's grandson will be in there or somebody like that. if there's a republican child or michael j. fox's character, michael keating. >> gretchen: that would be a good one. let's talk about what the new york state has done now and governor cuomo. he immediately went on the attack to try and pass very expansive gun law legislation because many people are saying he wants to run for president next time around and he also was very concerned about the issue. but some people are saying this morning that what they passed last night is full of holes. we want to show you a graphic of a particular kind of weapon that has been banned, a rifle. this is a baneli 1 rifle. the reason it's banned is because you can see how you hold on to the gun there. that's called a
president, what's the deal with the debt? i've been hearing a lot about the debt ceiling. what's my family's share? i'm just a kid. when i'm a grownup, i understand it could be hundreds of thousands of dollars. could you guys please cut spending now? >> brian: if you want to know if that is going to happen today, see if rand paul's grandson will be in there or somebody like that. if there's a republican child or michael j. fox's character, michael keating. >> gretchen: that would be...
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Jan 15, 2013
01/13
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CSPAN
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what we deal with is -- technically, we should have passed the debt ceiling at the beginning of the year but we were able to extend the period and the treasury says -- at least by march, sometime in march, they will need authority from congress to borrow more money. >> how are republicans in congress reacting to the comments? >> republicasns in the house side are just getting into town and they will disappear for their political retreat. senate republicans are not scheduled to be in this week. i know from following twitter and following the reaction from speaker boehner and mitch mcconnell they didn't agree with his comments and expect to pass legislation on the hosuuse side and passing legislation for the debut ceiling and the spending issue, as they see it. >> is any of this complimented by tim geithner being eager to exit his post. >> this is about the president and what he wants. jack lewis is a former office of managment and budget director and he knows these issues. and they've been through this before in summer 2011. i don't think geithner's exit effects it either way. >> david tr
what we deal with is -- technically, we should have passed the debt ceiling at the beginning of the year but we were able to extend the period and the treasury says -- at least by march, sometime in march, they will need authority from congress to borrow more money. >> how are republicans in congress reacting to the comments? >> republicasns in the house side are just getting into town and they will disappear for their political retreat. senate republicans are not scheduled to be in...